HCF Life Insurance
HCF life insurance policies
At the time of writing, HCF offers the following life insurance policies:
- Smart Term Insurance – payment upon death or diagnosis of a terminal illness, with early payment to cover funeral expenses. If death results from an accident, the benefit may be doubled.
- Kids’ Accident Cover – payment if child is injured in an accident in Australia.
- Cash Back Cover – payment for accidents requiring surgery or for certain serious illnesses.
- Bounceback Cover – payment for accidents or illness. HCF says this is designed for under 30s.
- Income Assist Insurance – payment of up to 75% of your income for up to 12 months if you’re unable to work due to illness or injury for 30 days or more.
- Critical Illness Cover – payment for serious specified illnesses such as heart attack, cancer or stroke.
- Personal Accident Insurance – payment for listed injuries including fractures and burns and payment for accidental death.
How much does HCF Life Insurance cost?
HCF says the cost of its Smart Term Insurance policy depends on a range of factors including your age, gender, smoking status and the insured benefit selected. HCF may also take your occupation, health, income and personal pastimes into account.
Canstar does not currently compare HCF life insurance, but you can compare other direct life insurance providers on Canstar’s database.
Eligibility to apply for HCF Life Insurance
According to HCF, Australian citizens and Australian permanent residents between the ages of 18 – 54 may apply for a HCF Smart Term Insurance policy.
Upon application, you may also be asked some questions about your health, lifestyle and family medical history to determine what level of cover HCF is willing to offer to you and how much it could cost you.
How to apply for a HCF Life Insurance policy
Before taking out a life insurance policy, it may be beneficial to first compare various providers to help ensure you’re applying for a policy that suits your needs.
If you fit the eligibility criteria, you can apply for a quote on HCF’s website, over the phone or in person at a HCF branch.